The rating agency warned that companies need to be careful when using carbon offsets to reduce emissions
Risks include increased inequality, social disruption
Narrowing bond spreads signal confidence in borrowers, economy
Traditional economic drivers have peaked, and headwinds are building, Moody's says
Five regional banks face rating cut, outlooks downgraded for two others
Despite headline declines, core inflation proving resilient
Corporate balance sheets face pressure from rising interest costs
Earnings to remain under pressure as the sector faces slow growth and elevated costs
Funding, capital strains and real estate risks underpinned the rating actions
Economy, rate environment are the main risks to issuers' finances